PPP Loan information for Darpet, inc

$586,985

Darpet, inc was initially approved for PPP Loan of amount $586,985, the current approved amount is $586,985. The loan was approved on 04/14/2020 by The Fifth Third Bank reported 59 jobs and $586,985 was used to fund payroll.

Darpet, inc is New Business or 2 years or less

DARPET, INC

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

DARPET, INC

Borrower Address

2301 LIVELY BLVD

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

586985.00

Current Approval Amount

586985.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ELK GROVE VILLAGE

Project County Name

COOK

Project State

IL

Project Zip

60007-1000

CD

IL-08

Jobs Reported

59

NAICS Code

321911

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

586985.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

596000.75

Forgiveness Date

11/04/2021

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